Solved

Table 12-3 -Refer to Table 12-3

Question 21

Multiple Choice

Table 12-3
 Consumption expenditures $800 Investment expenditures 200 Government purchases 300 Exports 100 Imports 200 Wages 800\begin{array}{|l|c|}\hline \text { Consumption expenditures } & \$ 800 \\\hline \text { Investment expenditures } & 200 \\\hline \text { Government purchases } & 300 \\\hline \text { Exports } & 100 \\\hline \text { Imports } & 200 \\\hline \text { Wages } & 800\\\hline\end{array}
-Refer to Table 12-3.Consider the data above (in billions of dollars) for an economy: Gross domestic product (in billions of dollars) for this economy equals


A) $2,200.
B) $1,600.
C) $1,400.
D) $1,200.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents